Well, I wasn't surprised when I heard the news about it. Suncor is well established and is a safe bet in the energy market. Furthermore, it gives a good position in the Alberta's oil sands with a major producer.

Why Encana's Asset Base And Growth Potential Makes It A Favorite In The Industry [View article]

The first Canadian company that comes to mind when I finished reading your comment is TransCanada. I believe this is the best Canadian 'pipeline' company, well managed and with tremendous upsides, thanks to several projects that will redifine the pipeline network in Canada. Furthermore, you can go for 'pure pipeline' LP with TC Pipelines, the U.S. counterpart with a long history of stable and growing cash distributions.

For a pure natural gas producer, I would recommend Peyto Exploration, a small-cap producer with lots of potential. You can read my article on it as well. It offers an interesting dividend that yields 3.19%.